For the quarter ended March 2024, Service Properties (SVC) reported income of $436.25 million, up 1.6% over the identical interval final 12 months. EPS got here in at $0.13, in comparison with $0.16 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $426.81 million, representing a shock of +2.21%. The corporate delivered an EPS shock of -31.58%, with the consensus EPS estimate being $0.19.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s value efficiency.
Right here is how Service Properties carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Revenues- Resort working revenues: $336.24 million in comparison with the $326.04 million common estimate primarily based on two analysts. The reported quantity represents a change of +0.4% 12 months over 12 months.
- Revenues- Rental earnings: $100.01 million versus the two-analyst common estimate of $100.77 million. The reported quantity represents a year-over-year change of +5.9%.
- Internet Earnings Per Share (Diluted): -$0.48 versus the two-analyst common estimate of -$0.40.
View all Key Company Metrics for Service Properties here>>>
Shares of Service Properties have returned -9.8% over the previous month versus the Zacks S&P 500 composite’s -0.4% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
